Who’s telling the truth ? Danger ahead -as Alai alleges- or just another extortionist scheme ?
Unasema nini? ghasia
Dande ,is that you ?
NV…Dont assume that everyone knows wtf you are talking about…consider adding who?what?where?when?why? in your thread.
on this one,Alai is spot on. The fact that Cytonn felt the need to reply to a tabloid reminds me of Sampesa tactics.
Till to this day people don’t understand Cytonn is just an investment vehicle.
It builds projects on behalf of investors.
So was Maddoff , my main issue is their cash management services, the kind of returns they promise smell of a pyramid scheme.
Run run
Cause they got a lot of projects. And they’re real
Madoff never delivered shit…
Dande toka hapa. Which portfolio gives 18% in a “recession”?
Is Kenya in a recession?
The real estate market is still booming diaspora used to drive the trend but now it’s more West African brodas entering the scene.
I said “recession”. Don’t you find it interesting that where some blue chips are announcing profit warnings and banks are retrenching, Dande and co. are promising insane returns? As for the boom in real estate, scratch a little but under the surface to see the real picture. The boom is largely due to illicit money.
Where’s the proof of illicit cash?
The luxury home segment is slowing down.
Cytonn isn’t targeting them the plan is to get the upcoming new homebuyers and low middle-class and middle-class homebuyers that segment is booming.
Do you think the govt was stupid in setting up the Financial Reporting Centre and getting someone from the Intelligence to head it? You are a special kind if you think the bulk of the Kenyan real estate sector is financed by legal cash. Wonder why in the ongoing graft probe, the bulk of the recoveries are in form of landed property and hard cash hidden in mattresses? What motivation would one have in keeping 10m in hard cash in the house?
I asked you to show me proof of illicit cash funding Cytonn. Don’t go off on a tangent now…